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Create family-focused cluster living near Waterkloof High School, Elarduspark and Route 21 — rezoned Residential 3, 3,743 m² with a 24-unit site plan and two-storey allowance.
Prime Development Opportunity for Cluster Housing Developers
Location: Situated in a highly sought-after area near Waterkloof High School, Elarduspark Primary, Route 21 Industrial Park and Castle Gate, these three adjoining erven present a unique investment opportunity in one of Pretoria’s most desirable residential zones.
Highlights:
·Strategic Location: Positioned within easy reach of top schools and prominent shopping and lifestyle centres, these erven are ideal for families seeking proximity to quality education and amenities.
·Exceptional Demand: With the rapid urbanization in Pretoria’s eastern suburbs, there is an increasing demand for modern, secure cluster housing options. This property offers developers the perfect canvas to satisfy that need.
·Community Appeal: The area is well-known for its vibrant, family-friendly environment, established infrastructure, and secure neighbourhood, making it highly attractive to prospective homeowners and tenants alike.
Investment Potential:
·Flexible Development: The size and zoning of these erven allow for a versatile approach, accommodating multiple units in a well-planned cluster housing setup.
·High Return on Investment: Cluster developments are particularly popular in this area, with a track record of strong rental yields and excellent property appreciation, making this a highly profitable venture...
·Growth Market: The proximity to major thoroughfares and the constant growth in commercial and residential developments make this an ideal time to invest.
This is a rare opportunity for developers looking to capitalize on one of Pretoria`s high-demand residential areas. Create a desirable cluster housing development that brings style, convenience, and quality living to a thriving community!
The three properties rezoned for “Residential 3” is owned by a (Pty) Ltd, which would enable transfer to a developer seamlessly. The owners (Pty) Ltd also guarantees the successful consolidation of the properties, as well as the rezoning to “Residential 3” in order to develop a single Residential
·Development on the three properties.
·Zoning - Res 3
·Parking Provided - 55 (required 36)
·Hight allowed - 2 storeys
·Coverage allowed - 50%
·24 unit site plan from 76sqm - 96sqm
Call us today for a viewing!!!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R11,750,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 187 listings in Pretoria (town)
Insight
Priced above the median for similar land listings in the area. On a price-per-land-m² basis, it is 160% above the median. Land size is 102% larger than typical for similar land.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
187 similar listings
High similar land inventory town-wide (Pretoria)
Median time on market: 137 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Elarduspark is a tranquil, family-oriented residential suburb in Pretoria East that offers residents a convenient lifestyle with easy access to major highways, reputable schools, and essential local amenities.
* Distances and amenities are approximate.
